Mises Wire

If a precedent of secession were accepted, then the disintegration of the central government could potentially continue ad infinitum.

Marx didn’t see that many people were fighting, not for the interests of the proletariat, but for the principles of nationality.

People aren't spending as much as they used to on automobiles. But there are still plenty of buyers willing to go into debt for a well-equipped car. 

 The monetary policy that governments and central banks are calling for is quite apparent: “Keep it going, whatever it takes.”

This is not going to end well. And the problem seems to get worse every year.

The real founders of economic science actually wrote hundreds of years before Adam Smith. 

China's new "Silk Road" for international trade is an important component in the regime's larger geopolitical strategy. 

Peasants in pre-industrial societies often worked fewer hours than modern-day workers. They also had a shockingly low standard of living. 

The success of the private sector precedes the ability to have any employment in the public sector at all. But teachers want the private sector to pay until it hurts. 

Noah Smith has written yet another "popular" column challenging established economics assumptions. But he's really only appealing to his reader's established biases.